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Amount (A) =




                    =                =



                    =             =


                    = Rs. 21,780

               6
                    A scooter was bought at Rs.42,000. Its value depreciated at the rate of 8% per
                    annum. Find its value after one year.


                    Ans. Here, Principal (P) = Rs. 42,000, Rate of Interest (R) = 8%, Time          = 1
                    years



                    Amount (A)  =




                    =





                    =




                    =




                    =

                    = Rs. 38,640

                    Hence, the value of scooter after one year is Rs. 38,640.


               7    A sum of Rs 5000 is taken at 12% p.a. compounded quarterly for 1 year , then find
                    the  rate .



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